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rather than into reducing the deficit. the reality is any path forward on tax reform that promises to cut rates will either end up failing to reduce the deficit, or failing to protect the middle class from a net tax increase. >> eliot: senator schumer suggested allowing the rates to return to the prebush rate. of course republicans were quick to pounce on shumers new approach be old attacks. mitch mcconnell said, and i quote . . . for more on the mayhem in washington, i'm joined by one of your favorites bernie sanders,ent senator of vermont. thank you so much for joining us tonight. >> my pleasure. >> eliot: is chuck schumer right that we could challenge the premise that rates at the top should come down. >> of course schumer is right. what the republicans want to do and some democrats is lower the tax rates for the wealthiest people in this country at a time right now, when the effect of what the wealthiest people actually pay is the lowest in decades. and even if you manage to close some loopholes you will become neutral -- you are not going to bring in any mo
that they are not going to cut taxes in way that willed a to the deficit, and i'll bet they are also claim that they are not going to raise taxes on the middle class, but they'll give the middle class a tax break. all of those lies we have heard before. and obamacare is a big government program. i don't think joe can be too aggressive. he doesn't have to be obnoxious. that's not his style anyhow. but he has to take on every single one of those. the other thing i think is is important for joe biden, i believe, that he has got to remember, that this is not for him. nobody is going to vote for him or paul ryan. if you are going to vote for just joe biden or paul ryan. if you want to vote for paul ryan and joe biden, you can't do that. it's not about paul or joe, it's about barack obama and mitt romney. and joe biden has to keep bringing it back to the fundamental choices. move forward with obama or move backward with mitt romney. i think joe has to make that point over and over and over again. and then i think it is important for us to realize that in the past there have
independent. help people who are hurting get the skills they need to get the jobs they want. get the deficit under control. make trade work for america, and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy who i was talking to a family in massachusetts the other day, cheryl and mark nixon. their kids were hit in a car crash, four of them two of them rob and reid were paralyzed them. the romneys didn't know them. he asked if he could come over at christmas. he brought his boys and gifts. he said i know you are struggling don't worry about their college, i'll pay for it. mitt romney doesn't tell these stories. when the nixons told this story it was that he gave his time. mitt romney is a good man. he cares about 100% of americans in this country. and with respect to the quote, i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> biden: but i alwa
be revenue neutral. you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing obama-care but keeping the good parts of healthcare, social security and medicare for seniors and you're going to build more submarines and destroyers than the pentagon wants, i want to ask you a question. are you a wizard. >> i'm not going to layout a piece of legislation here. >> we can't wait to walk you through all the details math point by math point. there are some tricky--sasquatch tricky--sasquatch. sasquatch, you come here! you come here, no, no, yeti. >> hi there, it's a trolley. it's on the way to the neighborhood of make believe. that's where me and paul ryan get most of our facts from. >>
macro-approach in history and driving rates up across southern europe and budget deficits that are getting worse and worse. i don't see where mitt romney's argument has traction. it seems to me that the stimulus of the policy, traditional economics that barack obama has followed it seems to be working. neil, what am i missing here? >> romney has a point. things could be better. i don't know if they could have been made better, and that stimulus should have been bigger and if it has to do with the problems in the houseing market. there is a big target on the back of obama because of failed housing. there are not that many new arguments that romney can hang his hat on but that's an area that we have not seen exploited. >> i think you're right. if there has been one enormous failure policy, it's the mortgage and the number of homeowners who are underwater, meaning that their they owe more than the value of their house. mitt romney does not talk about that because his answer is none existent. >> you have these made up controversies because they're so close on many of the issue
is not going to add to the deficit. so how are you going together cut that $5 trillion in revenue, mitt romney, well, he says i'm going to get rid of pbs. somebody quickly did the math what is $435 million, what percentage is that of $5 trillion. it's a joke. a joke. sick joke. ronnie is calling from phoenix, arizona. >> caller: good morning, how are you doing? >> bill: good. >> caller: my question is i was a voter back in 2008. i voted for obama at that time. my question is i'm kind of baffled -- i don't understand that mr. romney came out and basically said a lot of stuff that didn't relate to what he was actually talking about. so the point is now -- the media where are they so not calling the thanks he stated the things he should have said i'm going to have that $5 trillion tax cut. i understand that obama had a bad debate, didn't do what he was supposed to do but mr. romney lied. >> bill: you are absolutely right. again, i compared romney's debate performance to the ryan speech in tampa. it was a good performance but it was packed with lies. i think the entire m
that will effect the deficit. i will bring down the deductions and taxes at the same time so the revenue stays in. >> cenk: yeah, yeah, that sounds good. you're going to do a 20% tax cut across the board. then a 2 trillion-dollar increase in the defense budget. then you're going to keep most of the popular deductions. and then you're going to balance the budget. and then you're going to give everybody a free unicorn! that's not how it works mitt! you're lying! there is no 5 trillion-dollar in deductions that you take away from just the rich. that's preposterous. and i'm not going to let you get away with it. one wonders how long i will keep this 2 x 4 that is actually not a 2 x 4 on my shoulder, but we move forward. he says, well, before i go on to the next clip, did you know that 50% of mitt romney's benefits in his tax cuts go to the top 5%. mitt, that's who you're for. you're for the top 5%. you give them half of the tax cuts and they're 5 trillion-dollar, you're going to give $2.5 trillion to the top 5%. that's what is going on. all right before i break it. okay now let's go to the $716 bill
tax cuts it would add a trillion dollars to our deficit. why? mcmitt romney is looking out for the rich speaking of which, how about the iraq war? mitt romney was in favor of it, the entire republican party. how much did that cost? is this estimates have it as high as $5 trillion. and you're talking to me about big bird? you're talking to me about big bird? $22 million you want to cut and your dumb ass war cost $5 trillion. your tax cuts for sheldon adelson cost $2 billion. i'm not having the conversation about big bird and cutting down his nest until we talk to the other guys first. on the essence of that, the obama campaign is right. >> when we come back, the republicans are so loathesome they've now got a lobby to make sure that we are not protected from cancer. >> we have 15 homes in this area and maybe 11 people have died or more with cancer. >> the koch brothers are killing me and my family. >> and how are they buying politicians to do it? you'll find out in the next segment. and then, the romney girls. they found women in favor of romney. >> the guy i'm voting for is
, but no taxes that will contribute to the deficit? >> yeah. that one stuck out, especially since you can go right back to the primary campaign and when he was debating newt gingrich and rick santorum and the rest of the crew, he said hey wait a second, i'm going to reduce taxes by 20% across the board including the top 1%. that was his line. and the other thing that really stuck out is this issue of preexisting conditions when he looks into the camera and says hey, my plan does cover preexisting conditions. well that is just not true. it doesn't cover preexisting conditions for people who haven't had insurance before, which is a big part of the problem, literally millions and millions of people who would not be covered under his plan. >> bill: the one that really disappointed me to say the least, three times he came back to president obama has cut medicare benefits by $716 billion. >> yeah well there's -- there are a number of problems with that, starting with that it's not true. it's -- what he has done is they found savings on the provider side, so if you are a m
ryan voted to add $4 trillion to the deficit. he is the problem. this is the first vp debate in history where both candidates are roman catholics, and i would love to see them questioned about their faith and how their faith forms their policy and how their faith deviates from the vatican which is against the death a penalty, abortion and completely against the iraq war. >> eliot: that question is not going to be asked. >> john: it is not, but that's the kind of question i would ask, because if the guys are going to taught their faith on the campaign trial we deserve to know how much they are aligned with the vatican. >> cenk: barack obama attended martha raddatz's wedding over 20 years ago, and she is now remarried, et cetera. et cetera. it's an attempt to get her to take it easy on paul ryan. they put out the tape that they knew had already aired in 2007. why? don't be an angry black man. if you are aggressive at all in this debate you are going to be an angry black man. the story against martha raddatz is it going to work? >> jennifer: the moderator does
pressure to solve the fiscal cliff and what they see is the looming deficit that that suddenly all the entitlement programs will be on the table. >> and gives us back in let's be pragmatic, a recession or depression which we're slowly coming out of. but i'm worried about the secret dark money. it may move from the presidential into the congressional races which are key to the second term. >> eliot: we've been focusing on the senate for precisely that reason. we'll have to have that discussion some other even. katrina vanden hovel, thank you for coming in this evening. i talked to damian echols, one of the west memphis three, who spent 18 years on death row for murders did he not commit. that interview coming up. [ ♪ music ♪ ] >> eliot: not every is happy about today's job news. witness the absurd paranoia about all those pesky facts and their darned liberal bias. that's ahead on my view. and later tonight in "the war room," governor jennifer granholm will have more on today's job numbers with cal berkeley's laura tyson and san francisco chronicle's karla maranucci. that's ahead
budget increased the deficit, increased the national debt $3 trillion, and doesn't balance the budget for 25 years. >> stephanie: yeah. >> you are corporatists is what you are. >> stephanie: that's exactly it. you are absolutely right. >> steph we're democrats, and we get -- people think that we're trying to just spend this country straight over a cliff, and that's not true. the democrats don't want to do that, and we got to talk about it and how they are doing it. >> stephanie: yeah mudcat i'll be watching tonight along with you. have a good week. >> all right. you too. [ applause ] >> stephanie: evan you are in miami. >> caller: hi. steph, love your show. >> stephanie: thank you, go ahead. >> caller: i watched the debate the other night, and the only take aware was romney was like a used car salesman trying to sell a lemon, not letting him get a word in, not ask the question no nothing. just keep on going, going, going. he was all geeked up and psyched up, and he was like a used car salesman. and i lot of my friends called me and said what did you make of this? wasn
loopholes primarily to the high end people. we have three bottom lines. don't raise the deficit. don't raise taxes on the middle class and don't raise the share born by the high-income earnings earnings. >> cenk: how do you respond. >> this is the bush administration all over again the doubling down on the trickle-down economics of the bush administration that we know doesn't work. let's move forward with a responsible budget like one that does not kill medicare like congressman ryan has offered. let's move forward with a progressive budget that calls for tax cuts. let's not have irresponsible programs that just benefit big pharma like you voted for congressman. these are policies that we can't afford. we need to find someone in congress who will fight for the people and not corporations. >> cenk: let me follow up on that. with you cut defense spending, and would you consider cuts to social security or medicare as part of the grand bargain? >> i support a strong national defense but not a bloated defense department. there are savings we can find there. i would never support cuts to any of t
the recession. you created the deficit and so biden finally came out and said it and then he throws the stimulus letters on top to rub it you just played showed the hypocrisy on a number of levels, the hypocrisy about who started the problem to begin with. but the most damning point of the debate for those of us interested in the domestic issues were those stimulus letters. who could ryan say? that's what we do. he says in the letter that it was help to create jobs in his district and he admits it. >> cenk: oops. >> jennifer: oops is right. it goes to speak not just to him but all the republican congressmen who on the one hand are talking up and dising the stimulus, but on the other hand trying to get some for their districts so they could look good. i thought it was a beautiful movement. >> cenk: ultimateabsolutely: now of course a lot of people are talking about the way the vice president carried himself. we have a compilation on that, let's watch it and get your thoughts. >> this is a bunch of stuff. own statement. >> you both saw benjamin netanyahu. >> we call it malarky. >> we had these sa
Search Results 0 to 17 of about 18 (some duplicates have been removed)